Single Family for Sale: 1 Dora Drive, East St Louis, IL 62206

3 beds
1 full baths
816 sqft
$45,000
$45,000
1 Dora Drive, East St Louis, IL 62206
3 beds
1 full baths
816 sqft
$45,000
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Price:
$45,000

Type Single Family
Style 1 Story
Architecture Bungalow / Cottage
Beds 3
Total Baths 1 full baths
Total Living Area 816 sqft
Square Footage 816 sqft
Lot Size 0.15 acres
Year Built 1955
Assoc Fee Paid None
Taxes Paid $1,289

City East St Louis
County St Clair-IL
School District Cahokia DIST 187
Subdivision City View Place Sub

MLS 24045832
Status Pending
DOM 80 days
Seize the opportunity to purchase a tenant-occupied property guaranteeing immediate rental income! The property has been tenant occupied since June 2020, ensuring stability and peace of mind. The current annual lease provides a steady monthly rental income of $750. Key Investment Highlights: reliable lease in place until June 2025, low vacancy rate demonstrates tenant satisfaction, operating expenses are $3644 which yeilds an impressive CAP Rate of 9.9%. 10% vacancy rate factored into Cap Rate. Tenant pays all utilities, gas, electric, water, sewer, and trash, reducing landlord expenses. This property not only provides a reliable income stream but also offers excellent potential for increased income as current rent is below market. The low annual expenses and a strong CAP rate makes the decision easy. What are you waiting for? This investment is designed to maximize your returns by adding an asset producing property to your portfolio!

Room Features

Main Level Full Baths 1
Basement Description None
Master Bath Description Full Bath
Dining Description None
Kitchen Description Eat-In Kitchen
Misc Description Near Public Trans

Lot & Building Features

Appliances Gas Oven, Refrigerator
Architecture Bungalow / Cottage
Assoc Fee Paid None
Construction Frame, Vinyl Siding
Cooling Electric
Heat Source Gas
Heating Forced Air
Interior Decor Open Floorplan
Parking Description Off Street
Sewer Public Sewer
Special Areas Main Floor Laundry
Tax Year 2022
Water Public
Windows And Doors Some Insulated Wndws
Lot Dimensions 80x82x80x82 ft

Community and Schools

Elementary School CAHOKIA DIST 187
Junior High School CAHOKIA DIST 187
Senior High School Cahokia

Price History of 1 Dora Drive, East St Louis, IL

Date Name Price Difference
08/02/2024 Listing Price $45,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$32,000
$35 / sqft
Average
$42,007
$46 / sqft
High
$56,000
$57 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing East St Louis 62206 3 1.0 $45,000 816 $55 N/A
1905 Doris Avenue Cahokia 62206 2 1.0 $40,000 704 $57 12/06/2023
13 Drexel Drive Cahokia 62206 3 1.0 $32,000 925 $35 03/14/2024
6232 Church Road East St Louis 62207 2 2.0 $45,000 932 $48 07/10/2024
1708 Andrews Drive Cahokia 62206 3 1.0 $54,000 925 $58 11/30/2023
1709 Andrews Drive Cahokia 62206 2 1.0 $36,000 925 $39 03/25/2024
1005 Saint Patrick Boulevard Cahokia 62206 3 1.0 $37,105 957 $39 02/29/2024
103 Melvin Drive Cahokia Heights 62206 3 1.0 $46,000 864 $53 08/23/2024
44 East Adams Dr Drive Cahokia Heights 62206 3 2.0 $42,000 925 $45 06/27/2024
2003 Sycamore Street Cahokia Heights 62206 3 1.0 $43,000 925 $46 07/15/2024
East St Louis 62206 3 1.0 $35,000 988 $35 04/26/2024
6 Fox Meadow Lane East St Louis 62206 3 2.0 $45,000 980 $46 07/18/2024
15 E Adams Cahokia Heights 62206 3 1.0 $35,000 925 $38 10/02/2024
1713 Loretta Avenue East St Louis 62206 3 1.0 $48,000 944 $51 10/07/2024
122 Lazarcheff Drive East St Louis 62206 3 1.0 $56,000 988 $57 10/18/2024
East St Louis 62206 3 1.0 $36,000 924 $39 09/19/2024

Map of 1 Dora Drive, East St Louis, IL

Location Map Street View
Photo of Dorcas Dunlop
Direct: 314-304-3117
Office
107 W Lockwood Ave
Webster Groves, MO 63119
314-962-1100
Listed by Elevate Realty, LLC, Tamika Evans
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2.8644444444444%
6.75%
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Principal & Interest
Monthly Taxes
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1 Dora Drive (MLS #24045832) is a 1 story single family home located in East St Louis, IL. This single family home is 816 sqft and on a lot of 6,534 sqft (or 0.15 acres) with 3 bedrooms, 1 baths and is 69 years old. This property was listed on 07/29/2024 and has been priced for sale at $45,000.

The 3 bedroom single family home at 44 East Adams Dr Drive in Cahokia Heights is nearby and sold for $42,000 on 06/27/2024. Another nearby 3 bedroom single family home, 15 Adams in Cahokia Heights sold for $35,000 on 10/02/2024.

Nearby zip codes are 62205, 62207, 62223, 62239 and 62260. This property neighbors other cities such as Belleville, Cahokia, Cahokia Heights, Dupo and Millstadt.

Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Elevate Realty, LLC

Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange